Elemental Royalty Corporation (NASDAQ: ELE) has announced that its Board of Directors has approved an inaugural dividend policy. In accordance with the Policy, Elemental expects to declare an annual cash dividend to its shareholders of US$0.12 per Elemental common share, to be paid in quarterly instalments of US$0.03 per share, with the record date for the inaugural dividend to be paid at the end of the first calendar quarter of 2026, and at the end of each calendar quarter following for subsequent dividends.
The Company is also pleased to announce that it anticipates that qualifying registered shareholders will be able to elect to receive their dividend in the form of Tether Gold XAU₮ tokens, of par value to the dividend price, thereby providing Elemental shareholders with direct ownership of physical gold through their investment in gold royalties.
Highlights
- Maiden Dividend Policy approved by the Board of Directors
- Expected annual cash dividend of US$0.12 per Elemental share, paid quarterly
- Anticipated that qualifying registered shareholders will be able to elect that their cash dividends be invested in Tether Gold’s XAU₮ token
- The Dividend to shareholders is supported by Elemental’s strong projected revenue and cash flow growth profile in 2026 and beyond
- Further information on how shareholders may elect to receive the dividend or dividend in kind, will be provided in due course
David M. Cole, Chief Executive Officer of Elemental Royalty, commented: “The approval of this dividend policy marks an important milestone in Elemental’s strategic trajectory and reflects our confidence in the strength and momentum of the business; we believe this is the right time to introduce a sustainable, long-term, dividend. The decision to offer investors a dividend in kind, in the form of Tether Gold, further differentiates Elemental as a forward-thinking, growth-oriented investment.”
Stefan Wenger, Chief Financial Officer of Elemental Royalty Corporation, commented: “Our inaugural dividend is underpinned by Elemental’s strong balance sheet and future revenue outlook in the near and longer-term: as of December 31, 2025, we had approximately US$53 million of cash and no debt, providing substantial financial flexibility as we continue to invest in growth. We will continue to maintain a disciplined approach to capital allocation, balancing returning capital to shareholders through a progressive dividend which we intend to maintain, or even increase, without compromising on our strategy of accretive growth through the acquisition and generation of precious metals streams and royalties.”
Juan Sartori, Executive Chairman of Elemental Royalty Corporation, commented: “We believe the initiation of this dividend policy is a world first for a royalty company: we anticipate enabling qualifying shareholders to elect to have their cash dividend invested in the purchase of the Tether XAU₮ token, thereby facilitating for shareholders greater exposure to physical gold through Tether Gold’s stablecoin and retaining real long-term value storage via a practical mechanism for gold-denominated investment returns.”
Dividend policy
This inaugural Dividend Policy is a direct reflection of the Company’s disciplined approach to balancing strategic growth investments with direct shareholder returns. The Elemental portfolio has proven to be a solid, high-margin, strong-cash-generating foundation from which we anticipate continued growth in asset values and revenue, through a pipeline of near-term development assets, in addition to expansions at producing assets, thereby providing us with the financial strength to return capital to our shareholders through meaningful dividends. The Company anticipates that qualifying registered shareholders will be able to elect to direct their cash dividend to be invested in the purchase of Tether Gold’s XAU₮ token.
Subsequent Announcement
The Company plans to notify shareholders of the formal declaration of the dividend and record date in a subsequent news release. The Company also expects that such news release will contain instructions as to how certain registered shareholders may elect to direct their cash dividend to be invested in the purchase of the Tether XAU₮ token.
Based on the Company’s closing share price of US$21.05 per share on the NASDAQ, on February 13, 2026, the quarterly dividend the Company expects to declare implies a forward annualized dividend yield of 0.6%. Based on 63.9 million shares outstanding as of February 13, 2026, the total dividend anticipated to be paid in respect of the first calendar quarter of 2026 is expected to be approximately US$1.9 million.
Tether Gold XAU₮
Tether Gold (XAU₮) is a stablecoin that provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical gold bar that meets the Good Delivery standard of the London Bullion Market Association (LBMA).
